rather than pick out individual stocks to trade, it can often be worthwhile to trade the indices themselves, especially in times of high volatility.

for those so inclined, i attach below charts for FTSE and FTSE 250, though one might equally be tempted to trade Dow or S&P, which is significantly broader in its coverage, or even NASDAQ

for ease of reading, i have attached 1 year and 3 month charts in each instance

Well I told you over a week ago that the DOW had further upside potential. Cable requires a correction before any short play will be available on Yankee indices. If your caught short on the Dow it's time to take the pain and rough it out. On FTSE I doubled down at 7300 and still holding the position.

i have (now) done well from DOW as sold the running short but have easily recovered more than that on the other tack ...... of which i have now banked half

.

not the most accurate of predictors but IG Sunday Markets indicate a soggy start tomorrow

i already have a modest Dow short from 20,112 and may add similar in Dax

Crude to rise due to nerves with current events......

Current events? Which ones in particular?

at the moment .......
crash, bang, wallop; what a picture, what a photograph

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DOW
fast heading towards 19,900 which i guess is the next support level

DOW
now directionless as it ponders whether to bounce or fall from 19,900 ..... former just about holding the honours for now

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banked decent DOW profit earlier but hanging on to DAX short

.

News

FTSE seen following US, Asia drops amid global rarrle

UP 15 POINTS

HAHAHAHAHAHAHAH

DOW
i opened a new and still modest short late last night at 19,954
this is now showing a pretty profit, but with greed currently ruling, i think i'll leave it to run a while longer

Yes cynic i am short DOW also went short FTSE this morning but only slightly up ,not looking for too many pts there .

DOW still crumbling ..... now down 112 at 19,850
DAX now following having been quite strong earlier ....... now down 60 at 11,610

yummy yummy :-)

Closed FTSE for 40 pts still running DOW ,although my shorts been running for quite a while now .

banked very juicy DAX profit (+165), but if there's an after-hours bounce as there was late last night on DOW, then may well re-open that short

DOW short still running

DOW
have now put in a stop at 19,850 which will still yield me 105 points if hit

my portfolio has been very boring indeed today, but at least i haven't caught myself out by backing the wrong direction on the indices

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fingers x'ed
just opened a modest DAX short at 11,709

Still short on FTSE unrealised profit of about 200 pts right now

well done .... confess i rarely deal with FTSE staying mainly with DAX and DOW

overall, i don't think you're wrong to be short FTSE as few seem to have woken up to the fact that there's some nasty times ahead, no matter what deal is finally struck

DOW
watching to see what happens if this drops to 19,800 or a little below
over the last 2/3 months, it has bounced from this sort of level, but will it continue to do so?